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ABC
Jul 11, 2011 6:00am EDT
threaten rupert murdoch's media empire. >> we have this morning's "america's money report." >> good morning. topping america's money -- a deadline on debt. president obama and congressional leaders will meet again today to try to work out a deal on the federal debt limit and deficit, this after a rare sunday meeting at the white house. mr. obama says they have 10 days to reach an agreement. rupert murdoch is now in london, where a tabloid scandal is threatening his media empire. his paper "news of the world" folded for good yesterday, brought down by revelations that reporters hacked into voicemail systems. outrage over that scandal is likely to derail murdoch's latest mega deal for a british tv service. at the box office, "transformers: dark of the moon" hold on to the top spot. it's now the biggest domestic hit of the year with $261 million in sales so far. and today is 7/11, so guess which convenience store is offering up free slurpees. 7-eleven is offering free drinks. that's america's money. >> oh, you can use a slurpee today. it's
ABC
Jul 6, 2011 5:00pm EDT
it. i it really angry. >> if the paper is a flagship of the massive holdings of rupert murdoch here in britain. he also owns the "the times," "the sun," "the sunday times," "sky news," and others. today, the conservative prime minister david cameron announced two government inquiries. >> we are talking about murder victims, potentially terrorist victims, having their telephones tapped into. it is absolutely disgusting. >> at the center of the story is the head of the media empire of rupert murdoch and so far, she has resisted calls to resign in and take responsibility. there is no sign of the outrage here diminishing it. there is a mounting advertising boycott of the "news of the robert " ford is just one of the company's saying it does not want to be associated with a company that does not know where to draw the line. abc news london. >>> if president obama made history today with a treat, the white house hosting the first- ever twitter town hall. the president discussed a lot of things taxes, housing, veterans affairs, the space program, but his first-ever tweet was actually a qu
ABC
Jul 11, 2011 7:00am EDT
on a huge american company, news corporation. rupert murdoch rushed to london to try to contain the damage. while he arrived he was reading the last news of the world. his empire now under siege. in its pursuit of sensational stories the news of the world crossed the line into criminal activity. the public has lost faith. >> i think it does need to go for what it's done. >> reporter: rebeck kari brooks, she was editor a decade ago. she gets to keep her job and so does james murdoch who runs the british arm of the company. he, too, said it wasn't his fault. >> i acted on the advice of executives and lawyers with a completion investigation. >> reporter: the ultimate boss james could face prosecution under u.s. and british business law. if convicted, jail time. >> while brooks and murdoch knew about it or not, they're still responsible for what goes on their watch. it only adds to the misery that rupert murdoch's got to deal with this week. >> reporter: this scandal is rippling across the u.s. according to a rival tabloid the daily mirror, they tried to hack into the cell phones of 9/11 victi
ABC
Jul 13, 2011 7:00am EDT
. >>> rupert murdoch's company is considering selling all of its british newspapers in the wake of that massive phone hacking and bribery scandal. that's according to "the wall street journal" which murdoch also owns. it says the company is already looking for potential buyers for the son and "times" of london. >>> a couple fishermen off the california coast got a little more action than they bargained for. home video shows them reeling in a thresher shark. as you're about to see, things didn't go quite as planned. scotty westguard and david saldamando of santa barbara describe themselves as hard-core anglers. this takes it to a new level. >> there's no sound like a real screaming to get you excited. >> reporter: struggling for more than half an hour he finally reeled in this eight-foot-long thresher shark grabbing the tail head down but then the shark strikes back. >> got to lean away. lean away. >> right then the shark just bucks and i cannot get enough leverage to do anything about it so it just flipped me instantly and i was in the water. >> reporter: overboard you can see the shark dangero
Search Results 0 to 3 of about 4